Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Financials out

Mar 31, 2015 05:56PM
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Mar 31, 2015 07:57PM

We are in good shape for now.

I was pleased to see this comment, and hope it is correct:

The completion of a NI 43-101 resource estimate and the in-situ pressure leach tests combined with the information collected in 2014 as well as the available historical information are expected to be sufficient to proceed to the preparation of a technical report outlining the results of a PEA level study on the Van Dyke oxide copper deposit.

That would save us some time and drilling costs. We might even be able to sell it off by the end of the year if it looks good.

It was also nice to see there were no payments to Directors and Officers of the company for management and technical services. I'm glad they are not padding their incomes this way.

It is outrageous that we had to pay a law firm $316,433 to go through the audit for the tax refund. There shouldn't be a government program that forces company's to pay that much money in order to claim the benefit. At least it was a one-off charge.

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Mar 31, 2015 08:18PM
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